Contents
show
What goods does Philippines import and export?
Top 5 Commodity Imports
- Refined Petroleum – $9.2 billion.
- Crude Petroleum – $4.8 billion.
- Coal Briquettes – $1.9 billion.
- Wheat – $1.6 billion.
- Semi-Finished Iron – $1.2 billion.
What are the products imported by the Philippines?
Top 10
- Electrical machinery, equipment: US$27 billion (23.9% of total imports)
- Mineral fuels including oil: $13.6 billion (12%)
- Machinery including computers: $12.5 billion (11.1%)
- Vehicles: $8.5 billion (7.5%)
- Iron, steel: $3.9 billion (3.5%)
- Plastics, plastic articles: $3.7 billion (3.3%)
- Cereals: $2.9 billion (2.6%)
What foods do Philippines export?
Top 10 U.S. Agricultural Exports to Philippines
| Top 10 U.S. Agricultural Exports to Philippines (values in million USD) | ||
|---|---|---|
| Commodity | 2015 | 2019 |
| Soybean Meal | 635 | 788 |
| Wheat | 516 | 700 |
| Dairy Products | 251 | 273 |
What is the biggest export of the Philippines?
Searchable List of Philippines’ Most Valuable Export Products
| Rank | Philippines’ Export Product | Change |
|---|---|---|
| 1 | Integrated circuits/microassemblies | +6.5% |
| 2 | Computers, optical readers | -28.8% |
| 3 | Computer parts, accessories | +55.9% |
| 4 | Insulated wire/cable | -17.3% |
What do you think is the biggest export country for the Philippines?
Yearly Exports
The most common destination for the exports of Philippines are China ($13.6B), United States ($12.8B), Japan ($10.8B), Hong Kong ($9.97B), and Singapore ($6.39B).
What is an example of an imported good?
An import is any product that’s produced abroad and then brought into another country. For example, if a Belgian company produces chocolate and then sells it in the United States, that would be an import from an American perspective.
What is the most imported product?
World’s Top Import Products
| Rank | Product | 2019 Import Purchases |
|---|---|---|
| 1. | Crude oil | $1,056,062,568,000 |
| 2. | Integrated circuits/microassemblies | $848,913,525,000 |
| 3. | Cars | $774,285,065,000 |
| 4. | Processed petroleum oils | $663,640,142,000 |